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Jan 24, 2013
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i think that might mean a carbon tax. what do you think of a carbon tax? >> global warming is a real issue and what is the most of corn tissue of our time, the environment we live in. obviously we have to protect it. i think that is a possibility and probably something that may be effective. stuart: wouldn't do any good? >> if we could get bipartisan support, it could -- stuart: when it would lower carbon emissions in a miniscule, may be lower the temperature is your.1% over a longer period of time. it is just a fund of money. that is why -- that is what it is all about. >> those dollars would be used for other efforts to control and focus on changing climate. stuart: they would just fill government coffers with that the needed money. >> if that is the case they wouldn't be a good thing. stuart: when you are if in favor of carbon tax to raise money. >> i am not. i am in favor of it as a way of controlling, beginning to control global warming and giving resources to combat it. stuart: i want to bring you the answer to the quiz we brought you before the brea
i think that might mean a carbon tax. what do you think of a carbon tax? >> global warming is a real issue and what is the most of corn tissue of our time, the environment we live in. obviously we have to protect it. i think that is a possibility and probably something that may be effective. stuart: wouldn't do any good? >> if we could get bipartisan support, it could -- stuart: when it would lower carbon emissions in a miniscule, may be lower the temperature is your.1% over a...
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Jan 24, 2013
01/13
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tax in the first place. both of these guys are from california. mickelson made his hometown there for, he was born and raised in san diego. for him to leave the state is a big, big deal. if you're taking home 37 cents on the dollar, 47 cents on the dollar, i think it is okay to speak up. martha: it is something for all americans to give some thought to. bill: why did he apologize? martha: i don't know why he apologized, the backlash against it, saying is it right for any american to spend 63 cents of their dollar, of every dollar they make and hand it over to the government? bill: state, county, federal. martha: so much discussion about fair share and people, people obviously, some people are outraged. he can afford it. that is not the issue. the issue is, at what point is enough, enough of any single human being's income whether they're successful or not. i mean, --. bill: that guy moved to florida he could save 13% of gross today. there is phil. watch him over the weekend. they have a big tournament out th
tax in the first place. both of these guys are from california. mickelson made his hometown there for, he was born and raised in san diego. for him to leave the state is a big, big deal. if you're taking home 37 cents on the dollar, 47 cents on the dollar, i think it is okay to speak up. martha: it is something for all americans to give some thought to. bill: why did he apologize? martha: i don't know why he apologized, the backlash against it, saying is it right for any american to spend 63...
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to places with lower taxes. i think california is 13.3%. >> andrea: california needs your uncle steve to pay the taxes. freddie they can have steve -- >> greg: they can have steve. >> andrea: coming up, now a racial component to the bloomberg bomb's soda ban. some civil rights group think it will hurt minority business owners. could it be the straw that break the nanny state back? or the straw that breaks the soda? back in moments. we'll tell you. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? [ voice of dennis ] silence. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, bu
to places with lower taxes. i think california is 13.3%. >> andrea: california needs your uncle steve to pay the taxes. freddie they can have steve -- >> greg: they can have steve. >> andrea: coming up, now a racial component to the bloomberg bomb's soda ban. some civil rights group think it will hurt minority business owners. could it be the straw that break the nanny state back? or the straw that breaks the soda? back in moments. we'll tell you. so you say men are superior...
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Jan 24, 2013
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tax them or take them. >> and surprising views on guns. >> i know how newtown happened. i'm still really, really wrecked over why. >> and talk about upset. serena williams temper tantrum on the court. a big conversation tonight. this is "piers morgan tonight." >>> good evening. apologies for my ridiculous voice. my critics will be thrilled that i have nearly been silenced but i'm still going on it on a positive note, i always wanted to sound like barry white so i'll try to get through this as best i can. inauguration seems like such a long time ago. tonight the country is arguing over everything from guns to weather to hillary clinton. a battle over benghazi, she gave as good as she got. it was an extraordinary moment. listen to this. >> the fact is we had four dead americans. was it because of a protest or because of guys out for a walk one night that decided to go kill americans. what difference at this point does it make? it is our job to figure out what happened and do everything we can to prevent it from ever happening again, senator. >> an emotional hillary clinton
tax them or take them. >> and surprising views on guns. >> i know how newtown happened. i'm still really, really wrecked over why. >> and talk about upset. serena williams temper tantrum on the court. a big conversation tonight. this is "piers morgan tonight." >>> good evening. apologies for my ridiculous voice. my critics will be thrilled that i have nearly been silenced but i'm still going on it on a positive note, i always wanted to sound like barry white...
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Jan 24, 2013
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by instituting some type of tax. what would you say to a governor who's thinking about doing something like that? >> i would say we cannot tax our way and solve this problem, any of these problems. we can't tax and provide solutions. it has never provided solutions. we can only grow our way out of the current situation, and growth means coming together as business, as government to try and create the necessary platform so that business can continue to invest. we are, we have invested $10 billion in the united states in the last three years. we still see great opportunities in the united states. when you look at the top 15 brands in the business of nonalcoholic beverages in the united states, there's actually been growth in those top 15 brands in the united states. so brands are growing. maybe the industry is not growing as a whole, but the brands, key successful brands are growing, and by the way, in dollar value the industry's grown 3% in the last three years. liz: continuing waving the coca-cola flag, thank you ver
by instituting some type of tax. what would you say to a governor who's thinking about doing something like that? >> i would say we cannot tax our way and solve this problem, any of these problems. we can't tax and provide solutions. it has never provided solutions. we can only grow our way out of the current situation, and growth means coming together as business, as government to try and create the necessary platform so that business can continue to invest. we are, we have invested $10...
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Jan 24, 2013
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tax. >> we're already paying enough in general for gas as it is. there's got to be a better way to do it. i would be more in favor of paying more for general durable goods that i buy over the counter every day. >> but this man reasons a higher gas tax makes more sense. >> gas taxes are the most direct relationship to who's using the roads, so it seems the fairest thing is to raise the money you need to get taxes. >> reporter: the governor's plan faces the first big text next week when key how and senate committees take their first vote. >>> police now say murdered teenager marcus jones was the victim of gabe violence. the friendly high school sophomore was shot and killed outside a party on saturday night. in the crossfire of a suspected gang rivalry. two other teenagers are under arrest. please are still searching for a third suspect. >>> as we anticipate more snow, some northern virginia residents who didn't see snowplows today may not see them tomorrow either. vdot has a policy to not plow secondary streets unless there's 2 or more inches of sno
tax. >> we're already paying enough in general for gas as it is. there's got to be a better way to do it. i would be more in favor of paying more for general durable goods that i buy over the counter every day. >> but this man reasons a higher gas tax makes more sense. >> gas taxes are the most direct relationship to who's using the roads, so it seems the fairest thing is to raise the money you need to get taxes. >> reporter: the governor's plan faces the first big text...
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Jan 24, 2013
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he, of course, is the highest earner. 37 in live in texas which is a no tax state. 67 live in florida, also no taxes and several democratic lawmakers in california came out today and said, look, they don't believe high taxes force anybody out of this state, shep. >> shepard: trace gallagher in los angeles. trace, thanks. the family of the legendary linebacker junior is ais now suing the national football league over his death. their claiming the league deliberately ignored and hid evidence of hits of repeated hits to the head. those hits led to the brain disease that caused sao's suicide. when he killed himself last year he had a degenerative brain condition associated with head trauma. he played 20 playoff season and suffered multiple concussion. his family says in later years he forgot things, couldn't sleep was depressed. no response yet in nfl officials. the league has consistently denied similar allegations. there is a man begging on a street in oregon. and he is asking for a whole lot more than loose change. this guy is after a kidney. and the thing is, it looks like it may have
he, of course, is the highest earner. 37 in live in texas which is a no tax state. 67 live in florida, also no taxes and several democratic lawmakers in california came out today and said, look, they don't believe high taxes force anybody out of this state, shep. >> shepard: trace gallagher in los angeles. trace, thanks. the family of the legendary linebacker junior is ais now suing the national football league over his death. their claiming the league deliberately ignored and hid...
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Jan 24, 2013
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taxes every year and people are clearly bothered by some of these scenarios. they prefer this over scenario over using gps to manage how far you drive. >> the hov lanes and other tolls have helped people get used to the idea of paying to drive. >>> drivers in hyattsville may be moving slower. they are considering installing speed cameras next month. drivers caught going 12 miles per hour over the speed limit would be fined and during the 30 day grace period, drivers will only receive warnings. after that, they will be hit with a $40 fine. >>> weather continues. we are waiting on the snow here. >> a couple places have reported small amounts. that was near the community of cherry grove. a few flurries starting to show up overnight, we'll see dusting to about an inch. i think that will be south. so mostly seeing the clouds around and i'll tell you what, that is helping. the clouds are going to keep us from getting as cold as last night when we drop into the single digits. 9 at dulles, and 15 degrees in the city. tonight, our temperatures will range in the upper t
taxes every year and people are clearly bothered by some of these scenarios. they prefer this over scenario over using gps to manage how far you drive. >> the hov lanes and other tolls have helped people get used to the idea of paying to drive. >>> drivers in hyattsville may be moving slower. they are considering installing speed cameras next month. drivers caught going 12 miles per hour over the speed limit would be fined and during the 30 day grace period, drivers will only...
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Jan 24, 2013
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all right, taxed to the max. when progolfer phil mickelson complained about being taxed to the max in california, the media went nuts. >>brian: mickelson felt he had to apologize just for speaking his mind. >> you know, i've made some dumb, dummies -- dumb, dumb mistakes. obviously this is one of them. my apology is for talking about it publicly. i shouldn't take advantage of the forum i have as a professional golfer to try to ignite change over these issues. >>brian: he's not saying he's not going to move. should he really feel bad? after all, california is one of the highest taxed states in the nation, if not the highest. joining us live from miami is grant cardon, mickelson's former neighbor. he left california for florida where there is no individual income tax. are you disappointed that phil even backtracked yesterday? >> absolutely i'm disappointed because i think some of the intolerance for wealthy people standing up and saying i don't want to be taxed anymore is that the wealthy people don't stand up and
all right, taxed to the max. when progolfer phil mickelson complained about being taxed to the max in california, the media went nuts. >>brian: mickelson felt he had to apologize just for speaking his mind. >> you know, i've made some dumb, dummies -- dumb, dumb mistakes. obviously this is one of them. my apology is for talking about it publicly. i shouldn't take advantage of the forum i have as a professional golfer to try to ignite change over these issues. >>brian: he's not...
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Jan 24, 2013
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people are starting to play between states with high taxes and states with low taxes. a lot of people are leaving california and it's businesses that are leaving too. especially medium sized businesses that employ a fair number of people that are going to places like utah and idaho. this is not necessarily a great thing that we have got. companies moving around and people considering moving around. what we really need is for people to be thinking about the best ways to be productionive wherever they happen to be and not to figure out where they can go to skirt the laws. >> thank you. >> sure thing. >> coming up, the growing problem of revenge porn. say you are in a relationship that ends badly. your ex-has access to intimate foties of you. those picture may end up online posted on revenge porn websites. that story is next. [ woman ] uh-oh. [ male announcer ] when diarrhea hits, kaopectate stops it fast. powerful liquid relief speeds to the source. fast! [ male announcer ] stop the uh-oh fast with kaopectate. [ male announcer ] stop the uh-oh fast itbut sleep train's hu
people are starting to play between states with high taxes and states with low taxes. a lot of people are leaving california and it's businesses that are leaving too. especially medium sized businesses that employ a fair number of people that are going to places like utah and idaho. this is not necessarily a great thing that we have got. companies moving around and people considering moving around. what we really need is for people to be thinking about the best ways to be productionive wherever...
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Jan 24, 2013
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on aid to the poor, 59%, on tax levels for millionaires and big corporation, 59%. women's issue, 55%. immigration, 55%. i mean, these are high numbers of people feeling the gop is out of touch on these issues. >> yeah, i mean, reverend al, the shocking thing is, as you just laid out, the support for democratic policies is even h h higher than support for democratic politicians. the president won a decisive victory, but the support for the issues and policies is going to push is even higher. so the republicans are delusional to be saying that the issue is just a matter of reaching out or modernizing technology and that their principles are sound. it's their principles and policies that were rejected by the voters and that continues. and you're right, too, to point to that symbolism of that awful chair. i mean, that was the worst moment of a terrible convention. >> in the chair of the gop's office. what could you be thinking about? >> right, a cranky old man lecturing our first african american president in prime time in tampa helped take the party down. but while mr
on aid to the poor, 59%, on tax levels for millionaires and big corporation, 59%. women's issue, 55%. immigration, 55%. i mean, these are high numbers of people feeling the gop is out of touch on these issues. >> yeah, i mean, reverend al, the shocking thing is, as you just laid out, the support for democratic policies is even h h higher than support for democratic politicians. the president won a decisive victory, but the support for the issues and policies is going to push is even...
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Jan 24, 2013
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the president stood up for tax fairness and people voted for him. he's standing up to protect social security and medicare. people want to do that. there will be some changes but not fundamental ones. on climate change 80% of the people in the ap poll agree with the president it's a real problem and we have to deal with it. the majority of the country is with him on gay marriage, with him on issues like inaugural reform. barack obama didn't just speak to america, he was speaking for america no matter how much that pains republicans to hear. they're out of step and out of the mainstream. >> is it a deliberate effort -- here is conservative rich lauri from the national review. he writes in politico that the real president obama is now revealing himself. by the way, i'm with that thought. i think it was real obama, not covered up politics, the real thing on monday. he wrots, obama settled one and for all the debate over the place on the political spectrum and his political designs. he's an unabashed liberal determined to shift our politics and our coun
the president stood up for tax fairness and people voted for him. he's standing up to protect social security and medicare. people want to do that. there will be some changes but not fundamental ones. on climate change 80% of the people in the ap poll agree with the president it's a real problem and we have to deal with it. the majority of the country is with him on gay marriage, with him on issues like inaugural reform. barack obama didn't just speak to america, he was speaking for america no...
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Jan 24, 2013
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. >> there are only two reasons for a federal list on gun owners to either tax them or take them. the only reason. >> cenk: totally not true. and why did the republicans cave on the debt ceiling? the republicans caving? we'll explain why. it's go time. [ ♪ music ♪ ] >> cenk: secretary of state hillary clinton went up to the hill to talk to the senators and congressmen, and she got a rude, rude arrival there in the form of very aggressive questions and statements by the republicans. first she laid out her case. let's listen. >> for me this is not just a matter of policy, it's personal. i stood next to president obama as the marines carried those flag-draped caskets off the plane at andrews. i put my arms around the fathers and mothers, the sisters and bow brothers and the wives left alone to raise their children. >> cenk: the republicans were not appeased with that, and they requested about benghazi what produced one of the biggest flareups of the day. >> he were misled that there was protest and an assault sprang out that have. that was easily ascertained. that was not the fac
. >> there are only two reasons for a federal list on gun owners to either tax them or take them. the only reason. >> cenk: totally not true. and why did the republicans cave on the debt ceiling? the republicans caving? we'll explain why. it's go time. [ ♪ music ♪ ] >> cenk: secretary of state hillary clinton went up to the hill to talk to the senators and congressmen, and she got a rude, rude arrival there in the form of very aggressive questions and statements by the...
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ashley: that's right. >> moving tax rates, capital gains and dividend taxes from 15 to 24%, and taxing the rich is not a pro-growth policy. ashley: have to leave it right there. ed lazear, thanks so much for joining us. really appreciate it. >> thank you. tracy: especially when the rich keep moving. ashley: that's right. good point. tracy: follow the golfers. as we do every 15 minutes we check the markets now. nicole petallides on the floor of the stock exchange. good day for the drugmakers, huh, nicole? >> it is. look at some names on the move after earnings, latest drugs, clinical trials and mostly good news here, look at bristol-myers up 2 1/2% for bmy. they did beat street expectations. they're posting gains doing very well with that. they settled claims with a interdrug trial subject. they moved along from that. pfizer here at a 52-week high. pfizer shares hitting this multiyear high on the results of several studies. they have done well with treatments for depression, overactive bladder, quitting smoking. biogen i can't leave out doing well. up 1.3% right now. back to you. tracy:
ashley: that's right. >> moving tax rates, capital gains and dividend taxes from 15 to 24%, and taxing the rich is not a pro-growth policy. ashley: have to leave it right there. ed lazear, thanks so much for joining us. really appreciate it. >> thank you. tracy: especially when the rich keep moving. ashley: that's right. good point. tracy: follow the golfers. as we do every 15 minutes we check the markets now. nicole petallides on the floor of the stock exchange. good day for the...
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when you file your taxes. i read the whole 900 pages. i will give you a tax and health care review. i can help you figure it out. ♪ ♪ [ male announcer ] let's take every drop of courage, every ounce of inspiration, every bit of determination, and go where we've never gone before. ♪ introducing the radically new avalon. toyota. let's go places. >>> we're back now at 7:41. prince harry is back in britain this morning and he's trying to clarify some of the comments he made during his tour of duty in afghanistan. nbc kir seir simmons is in buckingham palace this morning. good morning to you. >> reporter: good morning. prince harry has faced criticism from his comments about killing the taliban. now, he's back and ainu interview, he's talking about what he's learned. >> it's been great. a hell of an experience. really proud of the guys. >> reporter: prince harry summing up his tour of duty in afghanistan, landing back in the uk, finally able to congratulate william and kate in person. her pregnancy announced while harry was away. >> i'm longing to see my brother and sister-in-law a
when you file your taxes. i read the whole 900 pages. i will give you a tax and health care review. i can help you figure it out. ♪ ♪ [ male announcer ] let's take every drop of courage, every ounce of inspiration, every bit of determination, and go where we've never gone before. ♪ introducing the radically new avalon. toyota. let's go places. >>> we're back now at 7:41. prince harry is back in britain this morning and he's trying to clarify some of the comments he made during...
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Jan 24, 2013
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they wanted to take a profit before the higher capital gains taxes can kicked in at the beginning of the year. what's happening today is investors choosing to get out of the stock because competition is becoming more of a factor. there are these quality alternatives going strong these days. i'm talking about the tablet and the smartphone arena. it's getting crowded. what you're seeing is the average price is still around $700. a lot of people are still sweet on apple shares even though it plunged today, wolf. >> steve jobs died about a year and a half ago. what does all of this say about tim cook's tenure as the apple's ceo? >> it says you know what, you're going to get the blame, tim cook. you're the ceo so the buck stops with you. he saw the blowout of the iphone 4s and took the stocks to greater heights. it was around $375 when he took over. the price almost doubled in tim cook's first year in charge. it peaked in september when iphone 5 came out. since then, the shares have been tumbling. for one, wall street and analysts don't have much confidence that he can deliver like steve
they wanted to take a profit before the higher capital gains taxes can kicked in at the beginning of the year. what's happening today is investors choosing to get out of the stock because competition is becoming more of a factor. there are these quality alternatives going strong these days. i'm talking about the tablet and the smartphone arena. it's getting crowded. what you're seeing is the average price is still around $700. a lot of people are still sweet on apple shares even though it...
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avoidance, sort of global tax avoidance issue? >> no, i did not. i'll stay quiet on that one. >> the other big topic here, energy. >> yes. >> and in particular, the u.s. energy situation, shale, fracking, et cetera, you bullish, you bearish, where do you think we really are? i mean people have prognosticated for now awhile that we were going to get there but doesn't seem like we're there. >> andrew, i think it is the bull case for the world. so to answer your question, i'm billish. and i think it's a game changer. and i think it is probably the story of global economic recovery if handled right. and frankly, the beneficiaries of that will be the u.s. consumer. u.s. jobs. i mean just in the downstream value added industries which i'm a part of $96 billion of investment already announced. 5 million new jobs over the next five years. huge value adder to a low-cost energy base. >> i don't know if you saw the president's inauguration speech. >> i caught part of it. >> do you feel that this administration, and forget about the administr
avoidance, sort of global tax avoidance issue? >> no, i did not. i'll stay quiet on that one. >> the other big topic here, energy. >> yes. >> and in particular, the u.s. energy situation, shale, fracking, et cetera, you bullish, you bearish, where do you think we really are? i mean people have prognosticated for now awhile that we were going to get there but doesn't seem like we're there. >> andrew, i think it is the bull case for the world. so to answer your...
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she said, "i haven't done my taxes for a few years." call. what's a few? she said, "i think it's eight." she showed up with four file boxes of paperwork. "here, take my stuff and figure it out." i will do that for you. it's a mental challenge. it's a puzzle. but getting you the maximum refund- that's what i'm here for. bring it on. ♪ every little thing has meaning ♪ [ female announcer ] we always make our kraft singles with milk, and no artificial flavors, so you can be sure there's no single thing better for your grilled cheese. ♪ you may be muddling through allergies. try zyrtec-d®. powerful relief of nasal congestion and other allergy symptoms -- all in one pill. zyrtec-d®. at the pharmacy counter. daisy is 100% pure with nothing else added. meals are simply better with a dollop of daisy. ♪ ♪ do a dollop, do, do a dollop of daisy ♪ ♪ living with moderate to semeans living with pain.is it could also mean living with joint damage. humira, adalimumab, can help treat more than just the pain. for many adults, humira is clinically proven to he
she said, "i haven't done my taxes for a few years." call. what's a few? she said, "i think it's eight." she showed up with four file boxes of paperwork. "here, take my stuff and figure it out." i will do that for you. it's a mental challenge. it's a puzzle. but getting you the maximum refund- that's what i'm here for. bring it on. ♪ every little thing has meaning ♪ [ female announcer ] we always make our kraft singles with milk, and no artificial flavors, so...
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so we're assuming that the tax laws are not going to change. we're basically going to put our money to work in places like canada, the uk, israel, russia and asia where they're going to get a return and where we want it. >> that is a change and that starts spreading out, does that mean the rate of pick up in dividend payments and shares -- >> no, we committed to our shareholders 50% of our cash flow we will pay back on them, either in the form of dividends or share buybacks. but i think the key things to take away from davos is we're becoming the innovative leader and many of the concepts appear to be paying out very well for us. >> so what makes more sense for you right now, dividends, increase or a buyback? >> we're going to poll our shareholders. we've committed to giving you 50% back. >> thank you for join onning the program. >> we so appreciate it. >> thank you. now, look, we were going to talk about this but while we've got maria here, derek jeter, right? >> yes. he came to see me at dinner last night. i was talking about when i threw the
so we're assuming that the tax laws are not going to change. we're basically going to put our money to work in places like canada, the uk, israel, russia and asia where they're going to get a return and where we want it. >> that is a change and that starts spreading out, does that mean the rate of pick up in dividend payments and shares -- >> no, we committed to our shareholders 50% of our cash flow we will pay back on them, either in the form of dividends or share buybacks. but i...
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the power software created by the tax experts. file for free now at hrblock.com. [ female announcer ] ready to mix things up with lean cuisine? try our entrees, snacks and new salads. salmon with basil, garlic chicken spring rolls, and now salads, like asian-style chicken. enjoy over 130 tasty varieties, anytime. lean cuisine. be culinary chic. kids... they'll tell you exactly what they're thinking... especially my niece. the moment she pointed out my moderate to severe chronic plaque psoriasis... well, it was really embarrassing. so i had a serious talk with my dermatologist. this time, she prescribed humira-adalimumab. humira helps to clear the surface of my skin by actually working inside my body. in clinical trials, most adults with moderate to severe plaque psoriasis saw 75% skin clearance. and the majority of people were clear or almost clear in just 4 months. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma or other types of cancer have
the power software created by the tax experts. file for free now at hrblock.com. [ female announcer ] ready to mix things up with lean cuisine? try our entrees, snacks and new salads. salmon with basil, garlic chicken spring rolls, and now salads, like asian-style chicken. enjoy over 130 tasty varieties, anytime. lean cuisine. be culinary chic. kids... they'll tell you exactly what they're thinking... especially my niece. the moment she pointed out my moderate to severe chronic plaque...
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and there's the overarching question of taxes and spending and entitlements. where do you put the challenges this session faces in terms of history? is this 1981? is this 2009? how are you feeling about the weight of what you have to deal with? >> well, first let me say there is bipartisan agreement that your book on jefferson is absolutely fantastic. >> all right. >> that's among the leadership as well as the rank and file members of the united states senate. >> i appreciate that. >> people are reading it all over the place. from my standpoint, we're really looking at the greatest threat to our national security is our debt. it has to do with our children and our grandchildren's futures. as i travel wyoming and have telephone town hall meetings, the things that really come up, people are saying i'm not worried for me. i'm worried for my kids and grandk grandkids, and are we still going to have america in the future with this kind of debt? who will we owe our future to? >> senator barrasso, i want to ask you about your piece in this morning's "wall street jour
and there's the overarching question of taxes and spending and entitlements. where do you put the challenges this session faces in terms of history? is this 1981? is this 2009? how are you feeling about the weight of what you have to deal with? >> well, first let me say there is bipartisan agreement that your book on jefferson is absolutely fantastic. >> all right. >> that's among the leadership as well as the rank and file members of the united states senate. >> i...
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and we created greater wealth in america that has been created even in the raging time of no income tax and the morgans and mellons and carnegie and rockefellers. we created more wealth for everyone. so we can do this recognizing that the energy market is a $6 trillion market compared to one with what, four billion users going up to nine billion over the course of the next 20, 30 years. this is a place for us to recognize what other countries are doing and what our states that are growing are doing, which is there is an extraordinary amount of opportunity in modernizing america's energy grid. we don't even have a grid in america. we have a big open gap in the circle of america. east coast grid, west coast grid and texas grid and a line from chicago over to the dakotas. we can't sell energy from minnesota to arizona or arizona to massachusetts or to the coal states. it doesn't make sense and can't be a modern country if we don't fix that infrastructure. i would respectfully say to you that climate change is not something to be feared in response to -- the steps to respond to -- it's to b
and we created greater wealth in america that has been created even in the raging time of no income tax and the morgans and mellons and carnegie and rockefellers. we created more wealth for everyone. so we can do this recognizing that the energy market is a $6 trillion market compared to one with what, four billion users going up to nine billion over the course of the next 20, 30 years. this is a place for us to recognize what other countries are doing and what our states that are growing are...